Gregory M. Kosin, Principal and President of the Greater Illinois Title Group of Companies, has been involved in the title insurance industry for over 35 years. He received his BA degree from the University of Illinois, attended John Marshall Law School and the University of Chicago–Booth School of Business for Executive Education. He is a former director of the Illinois Association of Mortgage Professionals, the Illinois Mortgage Bankers Association, and the Society of Mortgage Professionals. He served as President of the Illinois Land Title Association for two terms and is a former member of its Board of Directors.
In 2002, he was elected to serve on ALTA’s Abstractors and Title Insurance Agents Section Executive Committee, and in 2005 was elected to serve as Chairman of the Section Executive Committee.
In 2006, he was elected President of the Board of Governors of the American Land Title Association (ALTA) the national trade association of the title insurance industry based in Washington D.C. He was instrumental in developing the ALTA Principles of Conduct, which guide the ethical behavior of national title insurance companies, including three Fortune 500 companies, and title insurance agencies across the country. Kosin served on the ALTA Board of Governors for nine years. He has served as Chair of the ALTA Government Affairs Committee for over twelve years and was appointed to its RESPA Advisory Committee to evaluate the impact of new regulations on the industry. In 2013, Kosin was honored by the American Land Title Association with an Appreciation Award for efforts in implementing the ALTA Policy Forms License Program
He is a member of the Dearborn Realtist Board and NAREB, organizations dedicated to democracy in housing. He is an Affiliate Member of the Chicago Association of Realtors® and served three terms as a member of its Board of Directors. In 2013, Kosin was named Affiliate of the Year by the Chicago Association of Realtors®. He is a member of the Executives’ Club of Chicago, the Title Insurance and Settlement Services Network and a contributing member of the Mercy Housing Ambassador Council.
In 1985 he helped found Greater Illinois Title Company (GIT) and has been president since its inception. GIT is the largest title insurance agent in Illinois and one of the largest title agencies in the country. He is also president of Greater Illinois Tax Deferred Exchange Corporation, Greater Illinois Survey Company, Greater Indiana Title Company, Greater Wisconsin Title Company, GIT Michigan Title Services and GIT Florida Title Services.
In 1996, Mr. Kosin acquired an ownership interest in H. B. Wilkinson Title Company, operating in northwestern Illinois, and serves as its CEO. Under his leadership, the company has grown from four to ten offices and offers title services in Iowa, Wisconsin and thirteen Illinois counties.
In 1988, Mr. Kosin was appointed to the State of Illinois Department of Financial Institutions Title Insurance Advisory Task Force which drafted the Illinois Title Insurance Act of 1990. Mr. Kosin is an editorial resource for the Chicago Tribune, Bloomberg BusinessWeek, the Chicago Sun Times and Crain’s Chicago Business, and has been published in numerous real estate trade publications. He has served in Springfield, Illinois as a House and Senate Committee witness on title insurance legislation, and testified at HUD in Washington, D.C. at public hearings on the impact of RESPA changes on the title industry. In 2003, he testified in Washington D.C. on HUD’s proposed RESPA changes before the House Committee on Small Business and was a panelist at the Chicago HUD Roundtable with other members of the real estate finance industry.
In 2010 Greater Illinois Title Company became an Accredited CLE Provider as certified by the MCLE Board of the Illinois Supreme Court to provide continuing legal education to Illinois attorneys. Mr. Kosin has taught CLE classes on such subjects as the Federal Regulation of Real Estate, TILA RESPA Integrated Disclosure, Technology and the Closing Process: The CFPB eClosing Pilot Program and Key Insights into the eTransaction. The company has been recertified by the MCLE Board for the year ending December 31, 2015.
In 2012 Kosin was named to the Title Industry Roundtable by the Director of the Illinois Department of Financial and Professional Regulation to provide expertise on legislative and regulatory matters. This group provided recommendations to the Director for substantive changes to current law and regulations to insure the excellence of regulated entities. He also served on a title industry Trusted Agent Panel which developed operating metrics and standards of best practices to be followed by title insurance agents nationwide.
In 2014, Mr. Kosin was named to the American Land Title Association Industry Best Practices Task Force. The Task Force discusses concerns in the marketplace from lenders, real estate professionals, consumers, and regulators and helps establish options for certification, implementation and tools to assist compliance by ALTA Member Companies. The Task Force is also working with the National Association of Insurance Commissioners to provide for consumer shopping for title agents and insurers, and to develop title cost comparison guides for consumers.
Mr. Kosin and his wife have three sons and reside in Chicago.